Account Manager - Chicago, United States - Alter Domus

Alter Domus

Verified Company

Chicago, United States

4 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

ABOUT US
We are Alter Domus.

Meaning "The Other House" in Latin, Alter Domus is proud to be home to 85% of the top 30 asset managers in the alternatives industry, and more than 5,000 professionals across 23 countries.

With a deep understanding of what it takes to succeed in alternatives, we believe in being different.

Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.

JOB DESCRIPTION:

Responsible for team structure and deal distribution within team including managing capacity.
Ensure team is following procedures, checklists, and exception reports and outstanding invoices are addressed.
Accountable for all aspects of assigned clients including regular followup and annual client visits.
Thorough knowledge of requirements for all deals within the team with a heavy focus on unique deal characteristics and regulatory requirements.
Ensure automation for existing deals and ongoing efforts for additional automation and standardization of processes across team.
Highlevel review of complex administrative issues within Credit Agreements.
Oversee the updating of the Agency system to reflect attributes of each credit agreement and related governing documents.
Highlevel overview of the calculation, invoicing and disbursement of all deal related fees.
Responsible for the coordination of funds movement related to initial funding and closing, managing closings for lenders transferring positions by assignment, and working closely with the borrower and lending group.
Oversee ongoing maintenance of facility commitments and the processing of loan/facilityrelated activity; including rollovers, rate settings, conversions, prepayments, assignments, amendments, waivers, etc.
Oversee accurate and timely collection and disbursement of interest/principal/fee payments to lenders. Ensure collection of new borrowings from lenders and disbursement to borrower
Act as senior liaison between borrowers and lenders; ensure compliance with the terms of the Credit Agreement and other governing documents
Maintain expert knowledge of all relevant portfolios and deal related documentation.
Directly manage, train and coach support staff on the life cycle of a loan, deal documentation, industry standards, professional communication and client workflow deliverables and execution.
Exhibit a high level of professionalism and a clientfocused approach that is responsive, proactive, accountable and reliable. Adjust communication appropriately for various levels and parties.
Demonstrable ability to learn new concepts quickly and independently research and resolve issues.
Work in a dynamic team environment and participate in strategic initiatives identifying and implementing best practices and operational efficiencies.
Use judgment, interpretation and problemsolving to understand loan information in order to successfully resolve exceptions.
Excel in a deadlinedriven environment, highly organized with exceptional attention to detail and follow through.

QUALIFICATION:

Bachelor's degree in finance, accounting, business or economics or related field, or commensurate work experience.
5+ years of investment management operations experience or bank loan agency/syndication experience.
Ability to independently research and resolve complex problems.
Ability to collaborate with internal groups and external clients; strong verbal/written communication skills.
Demonstrated analytic skills, strong working knowledge of fundamental financial/accounting/business concepts and a strong, proactive interest in learning and mastering new concepts.
Strong Microsoft Excel skills and experience, knowledge or familiarity with Bloomberg, performance systems, and other loan research and analysis tools.

WHAT WE OFFER:

We are committed to supporting your development, advancing your career, and providing benefits that matter to you.

Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.

Our global benefits also include:

Support for professional accreditations such as ACCA and study leave
Flexible arrangements, generous holidays, birthday leave and graduation leave
Continuous mentoring along your career progression
Active sports, events and social committees across our offices
Support with mental, physical, emotional and financial support 24/7 from our Employee Assistance Program
The opportunity to invest in our growth and success through our Employee Share Plan
Plus additional local benefits depending on your location

Equity in every sense of the word
We are in the business of equity, in every sense of the word. For us, this means taking action to ensure every colleague has equal opportunit